What additional fines can individuals or entities face under the Balanced Budget Act of 1997 for healthcare fraud?

The Balanced Budget Act of 1997 introduced several provisions aimed at reducing fraud, waste, and abuse in healthcare programs. This legislative framework established civil penalties for individuals or entities found to be engaging in fraudulent activities related to healthcare services.

The correct choice indicates that individuals or entities can face civil penalties of up to $50,000 for each violation of the law. This fine serves as a deterrent against fraudulent practices and underscores the seriousness with which healthcare fraud is treated under this act. The civil penalties are intended to recover losses incurred by the healthcare system due to deceptive practices and to promote compliance with healthcare regulations.

The law specifies this amount to empower enforcement agencies to impose significant financial consequences on violators, thus enhancing accountability within the healthcare sector. This approach is crucial for maintaining the integrity of healthcare programs and protecting patients from the repercussions of fraud.